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Wayne County, TN · Sold

TN-921695

3897 County Road 298

$5,700
$3,333/ac · 1.71 ac
Acreage1.71 ac
Price per acre$3,333/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedDec 5, 2025
Coordinates35.3290, -87.8332
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Wayne County, Tennessee. Cumberland Plateau and Middle Tennessee tracts; retirees and cabin builders.

View Wayne market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope7.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,340 ft away

A long utility run — price in solar/off-grid instead.

Buildable area1.54 of 1.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,475
$5,419$7,531 · $3,786/ac on 1.71 ac
Asking vs estimate
-12.0%
Priced below the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $5,700
Maximum allowable offer
$3,700
$2,164/ac · +30.0% target margin

You need $2,000 off asking to hit this margin.

All-in cost$4,015
Net resale$5,957
Projected profit$1,942
ROI+48.4%
Annualized+69.2%
Break-even resale$2,552/ac
Profit if resale lands off target
-20%
$751
-10%
$1,347
0%
$1,942
+10%
$2,538
+20%
$3,134
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-191236
Paved · Off grid
1.2Jul 27, 2026$8,4006,9103,97112.4 mi
77
TN-882010
Dirt · Power at road
2.1Feb 12, 2025$13,1006,1344,4027.0 mi
71
TN-274278
Dirt · Full utilities
11.1Jul 27, 2026$55,6005,0163,0093.1 mi
66
TN-834171
Dirt · Power at road
10.3Aug 27, 2025$50,4004,9123,7085.1 mi
62
TN-120399
Gravel · Power at road
0.7Oct 27, 2024$5,0007,5334,6343.3 mi
61
TN-340530
Gravel · Full utilities
0.7Apr 6, 2024$6,0008,2064,23112.4 mi
55
TN-794386
Gravel · Full utilities
12.0Jan 18, 2025$60,6005,0582,7953.0 mi
55
TN-414193
Landlocked · Full utilities
10.4Aug 1, 2024$42,2004,0463,30811.1 mi
51
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.